Tds on salary

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 February 2013 Our company is a newly established company. We have hired some people as investment advisor who were working previously in the other organizations now when we pay the salary to them how should we deduct the tds on salary their packages are Rs. 10 lakhs pa and for the FY 2012-13 they will be working for 3 months (Jan. to march 2013).

Please help
Advance thanks

28 February 2013 Hi, Please ask them to furnish their taxable income earned in previous company.

Compute tax liability on previous income plus current estimated income. You also need to given them credit for taxes already paid.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries